“Fostering a global family of entrepreneurs who through their successes

make the world a better place.”

1
ABOUT US
Guinn Entrepreneurial Complex

OUR
MISSION
Entrepreneurs helping
entrepreneurs commercialize
innovative technologies

2
MEET TECH FORT WORTH
Emerging Founded in 1998
Technology As Fort Worth MedTech Inc. with
original focus of medical devices.
Business Incubator
Today we work with founders with
any emerging technology ideas.

Our Secret Sauce:

Non-profit funded through:
We are entrepreneurs helping
Government
entrepreneurs launch and grow emerging
technology companies without taking equity in Universities
the company. We connect the startups to the Clients
resources in the community best able to help Sponsors
foster their success.

3
WHY WE WERE FOUNDED
In mid-1990 defense spending cuts
dealt a severe blow to Fort Worth.
At the time the defense industry amounted to
30% of Fort Worth’s economy.
In the span of two weeks
Fort Worth lost over 40,000 jobs.
That was 8% of the population.

Founders included:
City of Fort Worth Ÿ Harris Methodist Ÿ Johnson & Johnson Ÿ Amon Carter Foundation
UNT Health Science Center Ÿ Fresnel Technologies Ÿ Grant
OUR APPROACH - PROGRAMS

Building the business model

Identifying research potential

Accelerating business growth

Launching & getting to sales

Funding early stage companies

PROGRAMS YIELD RESULTS
TECH Fort Worth Clients - 2007-2015
  Funding Dollars $250,000,000

  Investments $412,324,705
$200,000,000
  Sales $91,986,584
  Debt $27,473,146 $150,000,000

  Grants $4,061,786
$100,000,000
  Total Funding $535,846,221
   
$50,000,000
  Jobs - FTE/FTEE 2,025
   
* Direct dollars, no multipliers $-
*Fiscal year ending September 30th '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15

*Excludes ZS Pharma $2.7B acquisition by AstraZeneca

*Excludes Cowtown Angels activity.
RESULTS IMPACT THE ECONOMY

• Technology founded in Indiana.

• Relocated to Texas to work with TECH Fort Worth, UNTHSC, & the Texas ETF.
• Working with Director of Economic Development to build new facility here!
FOSTERING INVESTMENTS IN STARTUPS
CITY OF FORT WORTH ROI TechFW ROI to City - Direct Contributions
City Fort Worth Direct Funding
$250,000,000   Contributions Dollars  
  '07-'08 $0 $3,836,000 
  '08-'09 $227,342 $11,068,120 
$200,000,000
City Fort Worth Contributions   '09-'10 $198,924 $12,839,533 
Direct Funding Dollars
  '10-'11 $170,506 $16,139,628 
$150,000,000
  '11-'12 $142,088 $23,071,462 
  '12-'13 $113,670 $78,475,203 
$100,000,000 '13-'14
  $85,252 $189,633,427 
  '14-'15 $56,834 $200,782,848 
$50,000,000   '15-'16 $28,416 $0 
  TOTAL $1,023,032 $535,846,221 
*Direct dollars, no multipliers
$0 *Fiscal year ending Sept. 30th
'07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15 *Excludes ZS Pharma $2.7B acquisition by AstraZeneca
*Excludes Cowtown Angels activity.
         

Some of our partners:

City of Fort Worth Ÿ UT Arlington Ÿ UNT Health Science Center Ÿ Lockheed Ÿ Sabre Ÿ Southwest Bank Ÿ TCU
STARTUP ECOSYSTEM OPPORTUNITIES
• Founders invest & stay where they get their start – money stays in Fort Worth
• Large companies relocate to where there is a vibrant startup community
• GE cites MassChallenge as reason for choosing to locate to Boston
• “GE officials were excited about the young, up-and-coming talent pool, the amount of research
and development work going on in Boston, and the overall innovation activity. http://bit.ly/
1QUiugF
• Capitalize on TECH Fort Worth
• Internationally recognized
• “TECH Fort Worth has been selected by the United States Agency for International
Development (USAID) to help a group of 20 successful Latin American health services
businesses expand their operations to the U.S.” http://bit.ly/1MjJhO9
• Unique model that works with universities, corporations, & government agencies
• Focused on high growth emerging technology businesses
• Challenges - other cities are investing heavily in their startup community
TECH Fort Worth and the many startups it has served since 1998
THANKS THE CITY OF FORT WORTH
For fostering a global family of entrepreneurs who through their
success make the world a better place.
CONTACTS TECH Fort Worth

ADDRESS: 1120 South Freeway

Fort Worth, TX 76104

WEBSITE: www.techfortworth.org

PHONE: 817.339.8968

EMAIL: jorge@techfortworth.org
darlene@techfortworth.org

JORGE DARLENE
VARELA BOUDREAUX

12
Entrepreneurs helping entrepreneurs
commercialize innovative technology

13